Since we were involved in its creation, we at Woodstock Institute have had a front row seat for its growth and impact in our communities.
2013 was a watershed year for CCLF, as they provided 37 new loans totaling $18.8 million. The loans helped in the creation or retention of nearly 400 affordable residences and 200 jobs and advanced commercial-retail developments that will bring new merchants, restaurants and healthy foods to long-ignored retail corridors. This financing will leverage an additional $139 million in private and public investments in low-income neighborhoods.
At our Community Investment Awards and Film Reception on May 9, we will be honoring CCLF with a Community Investment Award for its contributions to community stabilization and development. The award recognizes the accomplishments of community champions who exemplify what it means to work locally with a national impact.
Following a networking reception and awards presentation, we will be screening a short film on senior financial abuse. Afterward, an expert panel will discuss how we can address this issue and take your questions.
I hope you can join us as we honor community champions and discuss a critical issue for some of our most financially vulnerable citizens.